NSW stamp duty calculator

Stamp duty in NSW depends on your property value, which is usually assessed at your purchase price. It's calculated on a sliding scale, and takes into account the property type, your intent for the purchase, and other critera.

For owner-occupied properties, the stamp duty rates as of 1 July 2024 are as follows:

You may also be eligible for a stamp duty concession or exemption if you are a first home buyer, which may reduce these rates.

First home buyer concessions in NSW, governed by the First Home Buyer Assistance Scheme (FHBAS), have a set of eligibility criteria, including:

• You, and your partner if you are buying together, must be first home buyers - that is, you must never have been on title before
• You must be purchasing a new or existing home, or vacant land to build a home
• You must be an Australian citizen or permanent resident
• You must move into the home within 12 months of the purchase
• You must be over 18
• You must not have previously used the First Home Buyer Assistance Scheme

If eligible, for new or existing homes, you are fully exempt from stamp duty where the property value equal to or less than $800,000. Sliding concessions apply to properties up to $1,000,000. For vacant land, you are fully exempt up to $350,000, and sliding concessions apply up to $450,000. This remains current as of April 2025.

You can apply for the First Home Buyer Assistance Scheme (FHBAS) by filling out the following forms from Revenue NSW:

1. First Home Buyers Assistance Scheme Application form ODA 066B (applicable to contracts exchanged after 1 July 2023)
2. Purchaser/transferee Declaration Form

Speak your to your solicitor or conveyancer to understand the lodgement process. Typically, they'll handle this process for you, including the assessment of your eligibility and filing the requisite paperwork.

Transfer fees are charged for the transfer of title from one owner to another, while mortgage registration fees are charged to cover the costs of registering your property against the title of the property.

These costs will differ based on your state or territory. In NSW, it's a flat fee of $171.70 (including GST) for both fees, as of 1 July 2024.

These apply on top of stamp duty, and are included in our calculator.

If you are paying in cash, you do not need to pay the mortgage registration fee, but will still be subject to the transfer fee.

You are not considered a foreign owner if you are any of the following:

• an Australian citizen
• a permanent resident who meets the resident requirements
• a partner visa holder (subclass 309 or 820) who meets the resident requirements
• an exempt permanent resident, who is not considered "ordinarily resident" but lives in the property as a primary place of residence, for 200 days after purchase, and is buying as an individual
• a citizen of an exempt country (New Zealand, Finland, Germany, or South Africa) who is purchasing property as an individual.

If you are considered a foreign owner, you are subject to a duty surcharge of 8% of the property value in NSW. Other costs may apply, separate to duty charges.

Note: If you are not an Australian citizen or PR, you may not be eligible for first home buyer concessions, even if the foreign owner surcharge does not apply.